Friday, October 18, 2013

Daily Headlines: Friday, October 18, 2013

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Insurance Journal Daily Headlines
October 18, 2013
News By Region  National  International  East  Midwest  Southeast  South Central  West Video

Today's Headlines

National

States Going After Employers Who Misclassify Workers as Independent Contractors

When construction slowed during the recession, some companies hired workers and wrongly designated them as independent contractors to avoid ...

President Obama Urges Congress Act on Farm, Crop Insurance, Food Stamps Bill

President Barack Obama, in a rebuke to proposals by House Republicans for steep cuts in food stamps for the poor, urged Congress on ...

ACE Construction Practice Launches Catastrophe Services Through ESIS

ACE USA has launched catastrophe claims servicing capabilities specifically designed for the construction industry through ESIS Inc., a ...

Insurance Media CEO, an Ex-Cop, Pulls Man From Burning Wreck

There may be no such thing as a retired cop; it's more like they are "off duty." It's a mindset that many former police officers and ...

Geithner Rejects Greenberg Bid for Draft of Book on AIG Bailout

Former Treasury Secretary Timothy Geithner joined the Federal Reserve Bank of New York in declining to give drafts of a book he's writing ...

From MyNewMarkets.com When Coverage Isn't Enough: Managing Risk a Challenge for Insureds

Companies of all types and sizes are facing increased risks in the current environment but many are not putting adequate programs in place...
Carrier Management

Spending on Ads Beats Spending on Auto Insurance Agents: Research

Research published by Nomura Equity Research on Wednesday shows that GEICO has overtaken Allstate to become the nation's...
Wednesday - one-hour webinar from Academy of Insurance - Workers Compensation Return to Work Programs - reserve your spot today
East

New Jersey Marks Mediation Progress for Sandy-Related Open Claims

New Jersey Department of Banking and Insurance Commissioner Ken Kobylowski announced Thursday the most recent results of a mediation ...

New Hampshire Approves NCCI's Filing for WC Advisory Loss Cost Decrease

New Hampshire's insurance department this week approved the National Council on Compensation Insurance's advisory loss cost and rating ...

Allianz: A Year After Sandy, Many Firms Still Haven't Implemented Adequate Changes

As the one-year anniversary of Superstorm Sandy approaches in late October, Allianz Group's specialist corporate insurer, Allianz Global ...

Vermont to Get More Money to Stem Future Flood Damage

Vermont is in line to receive up to an estimated $4 million in additional funding to help reduce future flood damage, and communities have ...
Workers Comp Training Pack from Academy of Insurance
Midwest

Kansas Judge Says Test in DUI Case Can Be Suppressed

A Douglas County judge has ruled that a blood test from a DUI case in Lawrence, Kan., will be suppressed, rejecting the state's argument ...

North Dakota Wants Answers on Ruptured Tesoro Pipeline Inspections

North Dakota officials are trying to determine if Tesoro Corp. knew about potential problems with a pipeline that leaked more than 20,000 ...

Ohio Doc Faces More Charges in Unneeded Surgeries

More charges have been filed against a Cincinnati, Ohio, spine doctor accused of performing unnecessary surgeries in Ohio and Kentucky and ...
Southeast

South Carolina Eyes Raising Penalties to Improve Construction Zone Safety

A bill proposed by two state senators would increase fines and jail time for driving violations in construction zones in South Carolina. ...

Florida Highway Trooper Wants Name Cleared in Lawmaker Ticketing Case

A Florida Highway Patrol trooper who got in trouble over giving breaks to state legislators wants an appeals court to clear his name. An ...
South Central

Louisiana High Court Strikes Down Immigrant Driver Law

The Louisiana Supreme Court has struck down a state law that made it a crime for people who aren't U.S. citizens to drive here without ...

Texas Raises Adjusted Gross Annual Payroll Requirement for Seasonal Workers

The Texas Department of Insurance, Division of Workers' Compensation (TDI-DWC) has determined that the adjusted annual payroll requirement ...

Texas Oil and Gas Association Earns $500K Texas Mutual Dividend

Texas Mutual Insurance Co. announced that the Texas Oil and Gas Association (TxOGA) has earned a $500,000 workers' compensation dividend. ...
West

Wyoming Government, Pool Paid $1.25M To Man Cleared Of Murder

Wyoming government agencies paid $1.25 million last month to settle a federal lawsuit brought by a Montana man who was cleared of a murder ...

IICF, Cookie Monster Promote Early Childhood Literacy

It's hard to conceive of taking a step farther away from the topic of insurance than having a big, hairy blue monster drive home your ...
International

Bushfires Destroy Properties in Sydney Region; One Reported Death

Firefighters battled to contain bushfires that damaged or destroyed hundreds of homes in the Sydney region as authorities warned ...

Pirate Attacks by Heavily Armed Gangs Surge off Nigerian Coast

Pirate attacks off Nigeria's coast have jumped by a third this year with ships passing through West Africa's Gulf of Guinea, a major ...

CGSC CEO Sees Capital Availability Moderating Traditional Insurance Cycle

The increasing ease of raising intelligent capital could lead to the end of the established insurance cycle according to Toby Esser, Group ...
Academy
7 Bestselling Insurance Courses on sale this week at Academy of Insurance - Property Valuation, Essential Personal Lines, Work Comp Large Deductible Plans, Future of Work Comp Mod, Gaps in Home and Auto Coverage - click here to see the courses



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Insurance Journal TV

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Insurance Law, Regulation - Jim Wrynn Brings his Experience to the Private Sector

James J Wrynn, Esq. served as New York's Superintendent of Insurance from 2009 to 2012, when...
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Swiss Re's Chief Economist Sees GDP Growth

Swiss Re's chief economist Kurt Karl sees some light at the end of the tunnel for the world's...

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New Discussions in the Forums

becoming appointed
Posted: Fri Oct 18 -- One way of getting appointed is by buying someone elses smaller book of business. You can get a payment plan usually. This gets you a... aguarino
Non-for-profit Volunteer Coverge
Posted: Thu Oct 17 -- I would make sure that the D&O includes coverage for EPL. insuranceismylife
How to divide work to customer service reps
Posted: Thu Oct 17 -- Seeking advice on how to divide responsibilities between Customer Service Reps in the office We are in the process of trying to re-define... aguarino
Trucking for hire with Losses
Posted: Thu Oct 17 -- Please confirm your radius. Scottsdale just does local and intermediate. Contact us through our website: onewestins.com Miguelito
New Insurance Agency
Posted: Wed Oct 16 -- Read those contracts very carefully - how much will it cost you to leave. What do they bring to the table and most of all contact at least 5... Wildwillie
What Would Your Veteran Self, Tell Your Newbie Self...
Posted: Wed Oct 16 -- Great advice. Do not ever get stuck in a captive situation. They "Own" you. Get as many companies as you can and weed out the ones that... Wildwillie
Travelers reducing commissions
Posted: Wed Oct 16 -- The thing that always gets me is "who" at the company took an 8% cut in pay? Seems like the government - only the guys at the bottom deserve... Wildwillie
Erie Insurance, feedback please.
Posted: Wed Oct 16 -- We have had 3 agents try them in our area. All gone - sold to other agencies who dumped them. Know of a very large agent in Ohio that called... Wildwillie
Certificates of Insurance ???
Posted: Sun Oct 13 -- What he said! I'm sure the last thing you want is a client saying the issue was ambiguous and they assumed they were covered because the... ABMCalifornia

Reader Comments

Montana Bar Sued Over DUI Death
Posted: Fri Oct 11 -- Coupled with the fact the driver was going 100 miles an hour. I'm thinking grandpa needs to go after the insured's money instead. Oh, wait:... Scott
Group Pushes For Lower DUI Standard in Utah
Posted: Wed Oct 16 -- Okay, ridiculous! It's not those who have one drink that are running things and people over. It's those that are having 8-10 drinks. I say,... Captain Planet
Family: Vail Misled Officials About Fatal Slide
Posted: Fri Oct 11 -- That's the problem today with employees. Who knows if they did what they were supposed to do? You hire and train people to do the job and... Baxtor
State Regulators Warn on Misleading Health Insurance Websites
Posted: Tue Oct 15 -- http://www.nydailynews.com/news/politics/obamacare-navigator-warrant-arrest-report-article-1.1485563 and so it begins. Whodathunkit?
Rule on Requiring Lenders to Accept Private Flood Insurance Proposed
Posted: Wed Oct 16 -- So InsGuy, what I hear you saying is you don't want to pay the $50 up front because you are happy to have your tax dollars go to bail all... Baxtor

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October 7, 2013
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